With PayPal, you can set up your account to be responsible for recurring payments, subscription solutions, or any companies that are pre-approved to withdraw payments from your PayPal account.
It can be completely legitimate to use your PayPal account for these things, you can also be tricked into accepting being drawn for payment. In that case, it can be smart to just log in and check if there is anything on the list that you no longer want to be able to withdraw payment from.
Via this link,you’ll get to the list “My preapproved payments”. Tap on the company name you want to delete. Then press “Cancel” next to “Active” to delete. After this, it is set to Inactive, so that it can be easily activated again.
Description of the PayPal service
PayPal is one of the most popular online payment platforms that allows people and businesses to transfer money over the internet safely and securely. It was founded in 1998 and is used in more than 200 countries & regions. It supports multiple currencies & payment methods such as credit / debit cards, bank transfer, PayPal balance, etc.
You can create a free PayPal account and link it to your bank account or cards. This makes it easy and secure for you to buy something online, send some money to your friends & family, and get payments for goods & services. PayPal has strong security features such as encryption & fraud prevention tools to protect your information & transactions.
PayPal offers various solutions for businesses like PayPal Checkout to integrate payment processing into your website or app, PayPal Business to manage your invoices & sales, PayPal Here to accept payments in person through your mobile device. PayPal has also expanded to include peer to peer lending and business loans as well as cryptocurrency transactions. PayPal has become a key player in the digital economy and has enabled millions of users around the world to transact online safely & securely.